August 10, 2018By Nathan Bentley
“Contributors to Everipedia are rewarded with IQ tokens for both contributing content and for curating – either editing or correcting – content that has already been submitted to the platform. ‘These tokens entitle the token holder to governance and voting rights within the network, essentially making every editor a stakeholder in the network’ its press release states. Over six million English-language articles have already been submitted to the blockchain-based online encyclopedia which, the Everipedia project team claim, means that its new platform has now already exceeded the equivalent number on Wikipedia.”See more for yourself, here. You can see more of Everipedia - the encyclopedia of everything, here. This is a great example of how blockchain technology can improve transparency, but removing a venue for misinformation and by ensuring that its content is 100% unique and 100% legitimate. It’s amazing what a little financial incentive can achieve. It is still early days for Everipedia, though eventually it is expected to become the new leader for information sharing. Wikipedia now has a fierce rival, one created by one of its own founders. It’s a family feud on another level, all in the pursuit of cleaning up appearances.